Form8.5EPT/NonRIACONSORTIUMCOMPRISINGLONDONMETRICP

RNS Number : 2997I

Barclays PLC

15 June 2026

FORM 8.5 (EPT/NON-RI)
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY AN
EXEMPT PRINCIPAL TRADER WITHOUT RECOGNISED INTERMEDIARY ("RI") STATUS
(OR WHERE RI STATUS IS NOT APPLICABLE)
Rule 8.5 of the Takeover Code (the "Code")
1.	KEY INFORMATION
(a)	Name of exempt principal trader:			BARCLAYS CAPITAL SECURITIES LTD
(b)	Name of offeror/offeree in relation to whose relevant securities this form relates:			A CONSORTIUM COMPRISING LONDONMETRIC PROPERTY PLC AND SCHRODER REAL ESTATE INVESTMENT TRUST LIMITED
(c)	Name of the party to the offer with which exempt principal trader is connected			A CONSORTIUM COMPRISING LONDONMETRIC PROPERTY PLC AND SCHRODER REAL ESTATE INVESTMENT TRUST LIMITED
(d)	Date position held/dealing undertaken:			12 Jun 2026
(e)	In addition to the company in 1(b) above, is the exempt principal trader making disclosures in respect of any other party to the offer?			YES: PICTON PROPERTY INCOME LIMITED
2.	POSITIONS OF THE EXEMPT PRINCIPAL TRADER
(a)	Interests and short positions in the relevant securities of the offeror or offeree
	to which the disclosure relates following the dealing (if any)
Class of relevant security:				LondonMetric Property plc 10p ordinary
				Interests		Short Positions
				Number	(%)	Number	(%)
(1) Relevant securities owned and/or controlled:				11,838,956	0.50%	4,428,897	0.19%
(2) Cash-settled derivatives:				5,813,454	0.25%	9,329,636	0.40%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				17,652,410	0.75%	13,758,533	0.59%

Class of relevant security:				Schroder Real Estate Investment Trust Limited ordinary NPV
				Interests		Short Positions
				Number	(%)	Number	(%)
(1) Relevant securities owned and/or controlled:				1,419,818	0.29%	548,246	0.11%
(2) Cash-settled derivatives:				136,344	0.03%	977,935	0.20%
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:				0	0.00%	0	0.00%
TOTAL:				1,556,162	0.32%	1,526,181	0.31%

(b)	Rights to subscribe for new securities (including directors and other executive options)
Class of relevant security in relation to which subscription right exists
Details, including nature of the rights concerned and relevant percentages:
3.	DEALINGS (IF ANY) BY THE EXEMPT PRINCIPAL TRADER
(a)	Purchase and sales
Class of relevant security	Purchase/sale	Total number of securities	Highest price per unit paid/received	Lowest price per unit paid/received
LondonMetric Property plc 10p ordinary	Purchase	2355062	1.8563 GBP	1.8313 GBP
LondonMetric Property plc 10p ordinary	Sale	1854298	1.8560 GBP	1.8287 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	Purchase	23138	0.4800 GBP	0.4715 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	Sale	36278	0.4786 GBP	0.4715 GBP


(b)	Cash-settled derivative transactions
Class of relevant security	Product description	Nature of dealing	Number of reference securities	Price per unit
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	1,248	1.8550 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	53,898	1.8458 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	2,377	1.8414 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	4,583	1.8495 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	1,099	1.8495 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	2,078	1.8560 GBP
LondonMetric Property plc 10p ordinary	SWAP	Opening Short	72,683	1.8494 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	166,515	1.8559 GBP
LondonMetric Property plc 10p ordinary	SWAP	Closing Long	3	1.8560 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	11,100	1.8559 GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	25,136	1.8558 GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Long	12	1.8541 GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Long	5,390	1.8511 GBP
LondonMetric Property plc 10p ordinary	CFD	Increasing Short	49	1.8522 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	12,514	1.8335 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	13	1.8561 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	36,739	1.8473 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	4,449	1.8556 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	44,710	1.8562 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	6	1.8566 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	369	1.8550 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	4,374	1.8562 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	4,396	1.8550 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	3,396	1.8543 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	40,749	1.8557 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	30,499	1.8557 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	33,499	1.8557 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	922	1.8388 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	6,418	1.8429 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	21,566	1.8426 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	2,522	1.8406 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	32	1.8508 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	12,900	1.8485 GBP
LondonMetric Property plc 10p ordinary	CFD	Decreasing Short	15,370	1.8354 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	1,722	1.8489 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	273	1.8388 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	2,498	1.8388 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	287	1.8379 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	500	1.8482 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Long	753	1.8402 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	1,715	1.8413 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	1,147	1.8379 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Long	237	1.8299 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	5,987	1.8361 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	31,479	1.8424 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	43	1.8560 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	12,128	1.8437 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	66,735	1.8555 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	27,979	1.8387 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	16,055	1.8443 GBP
LondonMetric Property plc 10p ordinary	SWAP	Decreasing Short	62,291	1.8445 GBP
LondonMetric Property plc 10p ordinary	SWAP	Increasing Short	407,539	1.8426 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	28	0.4734 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	83	0.4735 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Long	158	0.4734 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Long	1,086	0.4800 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	8,052	0.4720 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	SWAP	Decreasing Short	10,214	0.4720 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Increasing Long	606	0.4749 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Decreasing Long	7,489	0.4739 GBP
Schroder Real Estate Investment Trust Limited ordinary NPV	CFD	Increasing Long	12,295	0.4786 GBP


(c)	Stock-settled derivative transactions (including options)
(i)	Writing, selling, purchasing or varying
Class of relevant security	Product description	Writing, purchasing, selling, varying etc	Number of securities to which option relates	Exercise price per unit	Type	Expiry date	Option money paid/ received per unit


(ii)	Exercising
Class of relevant security	Product description	Exercising/ exercised against	Number of securities	Exercise price per unit


(d)	Other dealings (including subscribing for new securities)
Class of relevant security	Nature of Dealings	Details	Price per unit (if applicable)

4.	OTHER INFORMATION
(a)	Indemnity and other dealings arrangements
Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the exempt principal trader making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
NONE
(b)	Agreements, arrangements or understandings relating to options or derivatives
Details of any agreement, arrangement or understanding, formal or informal, between the exempt principal trader making the disclosure and any other person relating to: (i) the voting rights of any relevant securities under any option; or (ii) the voting rights of future acquisition or disposal of any relevant securities to which any derivative is referenced:
NONE
(c)	Attachments
Is a Supplemental Form 8 (Open Positions) attached?				NO
Date of disclosure:				15 Jun 2026
Contact name:				Large Holdings Regulatory Operations
Telephone number:				020 3134 7213

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